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Profitable Whitehaven sells down Blackwater stake

Coal miner’s US$1B deal will offset net debt and help fund acquisition costs

Haydn Black
Blackwater.

Blackwater.

Whitehaven Coal has sold off a 30% stake in Queensland's Blackwater coal mine for US$1.08 billion, recouping some of the $4.1 billion it pledged to buy out the stakes in Daunia and Blackwater owned by...

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